On May 29, 2014, Gladstone Capital Corporation (the "Company") issued a press
release, filed herewith as Exhibit 99.1, announcing that its board of directors
declared a cash distribution on the Company's 6.75% Series 2021 Term Preferred
Stock. The cash distribution will be paid to all shareholders of record as of
June 19, 2014, and will be paid on or about June 30, 2014.

The information disclosed under this Item 7.01, including Exhibit 99.1 hereto,
is being furnished and shall not be deemed "filed" for purposes of Section 18 of
the Securities and Exchange Act of 1934, and shall not be deemed incorporated by
reference into any filings made under the Securities Act of 1933, except as
expressly set forth by specific reference in such filing.